New York Laws > Estates, Powers and Trusts > Classification, Creation, Definition Of, And Rules Governing Estates In Property

 
                                  ARTICLE 6
 
        CLASSIFICATION, CREATION, DEFINITION OF, AND RULES GOVERNING
                             ESTATES IN PROPERTY
 
                  PART 1. ESTATES CLASSIFIED AS TO DURATION
 
  Section 6-1.1  Estates classified.
          6-1.2  Estates tail abolished; future estates limited thereon.
          6-1.3  When  estate  for  life of third person is real property;
                   when personal property.
 
             PART 2. ESTATES CLASSIFIED AS TO NUMBER OF PERSONS
 
  Section 6-2.1  Estates in  severalty,  joint  tenancy,  tenancy  by  the
                   entirety and in common.
          6-2.2  When  estate  is  in  common,  in joint tenancy or by the
                   entirety.
 
           PART 3. ESTATES CLASSIFIED AS TO TIME OF ENJOYMENT AND
                                  CREATION
 
  Section 6-3.1  Estates in possession and future estates.
          6-3.2  Kinds of future estates.
          6-3.3  Concerning the creation of certain future estates.
          6-3.4  When future estates are created.
 
                           PART 4. ESTATES DEFINED
 
  Section 6-4.1  Definition of an estate in possession.
          6-4.2  Definition of a future estate.
          6-4.3  Definition of a remainder.
          6-4.4  Definition of reversion.
          6-4.5  Definition of a possibility of reverter.
          6-4.6  Definition of right of reacquisition.
          6-4.7  Definition of a future estate indefeasibly vested.
          6-4.8  Definition of a future estate vested subject to open.
          6-4.9  Definition of a future estate vested subject to  complete
                   defeasance.
          6-4.10 Definition  of  a  future  estate  subject to a condition
                   precedent.
 
                   PART 5. RULES GOVERNING FUTURE ESTATES
 
  Section 6-5.1  Characteristics of future estates.
          6-5.2  Power of appointment not to prevent vesting.
          6-5.3  Future estates in the alternative.
          6-5.4  Implication  of  cross  remainders  between  tenants   in
                   common.
          6-5.5  Future estate valid though contingency improbable.
          6-5.6  Meaning  of  heirs,  distributees  and  issue  in certain
                   remainders.
          6-5.7  Posthumous children.
          6-5.8  Heirs or distributees of life tenant take as purchasers.
          6-5.9  Heirs or distributees of creator take as purchasers.
          6-5.10 When future estates are defeated.
          6-5.11 Non-destructibility of remainders subject to a  condition
                   precedent.
          6-5.12 Future  rents  and  profits  subject  to  rules governing
                   future estates.
 
          PART 6. DISPOSITION OF COMMUNITY PROPERTY RIGHTS AT DEATH
 
  Section 6-6.1  Application.
          6-6.2  Rebuttable presumptions.
          6-6.3  Disposition upon death.
          6-6.4  Perfection of title.
          6-6.5  Purchaser for value or lender.
          6-6.6  Effect and construction of part.
          6-6.7  Short title.